The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the completion of the semi-annual evaluation of the NASDAQ Global Index Family (Nasdaq:NQGI), which will become effective prior to market open on Monday, September 22, 2014.
The Global Index Family provides a transparent, rules-based benchmark for institutional investors. This family is specifically designed to meet the needs of institutions that are facing continued demands to track the global equity market.
At each semi-annual evaluation, new Indexes will be launched that now have at least five Index Securities. As a result of this semi-annual evaluation, 234 new indexes will be launched. A complete list of the new NASDAQ Global Indexes is available on the NASDAQ OMX Global Index Watch website.
The comprehensive NASDAQ Global Index Family consists of more than 40,000 Indexes, categorized by market segment, region, country, size and sector, and includes 45 countries designated as Developed and Emerging Markets, as well as the NASDAQ US All Market Index Family.
The NASDAQ Global Index Family covers approximately 9,000 large-, mid- and small-cap securities, weighted according to their free float adjusted market capitalization. The Global Index Family does not overlap, which means individual securities are assigned to only one country, one size segment and one sector. The top level Indexes have been created by aggregating each country, each size segment, each sector or the combination. All Indexes are calculated as Price Return, Total Return and Net Total Return, and are available in up to seven currencies.